Bernie Tully Personal Injury Lawyer. Phone: 412-281-8700
Today’s blog is about what a $50,000-$100,000 policy is and what it means. Suppose the person who caused your accident has a $50,000-$100,000 auto policy. What does that mean? It means that the most that any one person can get for their injuries from an accident, is the lower number. It’s the $50,000. What is the $100,000 for? The $100,000 is for if more than one person is hurt in the accident.
If more than one person is hurt in the accident, (say three people are hurt) the most that the combination of the three of them, no matter how bad they were injured can recover, is $100,000. From there, no one person can get more than $50,000. Hopefully you would get $50,000 and the others split the remaining $50,000. That is what a $50,000-$100,000 policy is.
Another example might be what is a $100,000-$300,000 policy? Same idea. The most that any one person, you, can get for your injuries is $100,000. If more than two persons are hurt in the accident the combined amount that they can is the higher number. Which in this case is $300,000 amount.
We have a couple cases right now where five people were hurt in the accident. The most that the combination of the five can get is $300,000, the top number. The most that any one person can get is $100,000, the lower number. Not exactly exciting stuff but it is important to know what these terms are when you have an injury case so you can make an informed decision.
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Bernie Tully Personal Injury Lawyer. Phone: 412-281-8700